THE ROI METHODOLOGY AS AN UNIVERSAL PROCEDURE OF MEASURING THE EFFECTIVENESS OF HUMAN RESOURCES’ INVESTMENTS
THE ROI METHODOLOGY AS AN UNIVERSAL PROCEDURE OF MEASURING THE EFFECTIVENESS OF HUMAN RESOURCES’ INVESTMENTS
Author(s): Kinga Hoffmann
Subject(s): Business Economy / Management, Methodology and research technology, Human Resources in Economy
Published by: Masarykova univerzita nakladatelství
Keywords: ROI Methodology; effectiveness; investment; human resources; human capital;
Summary/Abstract: An article presents an analysis of selected methods used to measure an effectiveness of human capital. The method elaborated by J.J. Phillips deserves for the particular attention among available ways to measure the return on investment in human capital in organizations. The author prepared a procedure, which can be conducted in relation to every HRM scheme. Bydint of ROI methodology managers are more rarely to perceive HRM departments as costcenters. Phillips’ method allows to understand better that people are the most valuable asset for the company.
Book: New Economic Challenges: 2nd International PhD Students Conference. 20. 1. – 21. 1. 2010
- Page Range: 329-335
- Page Count: 7
- Publication Year: 2010
- Language: English
- Content File-PDF